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Ministry of Finance and Economic Affairs

Moody's published an issuer on the possible impact of WOW air's collapse on the Icelandic economy

Moody’s published an issuer comment today on the possible impact of WOW air’s collapse on the Icelandic economy. Moody’s expect the short term effect to be negative on 2019 economic growth, but in longer term the credit rating agency expects other airlines to come in and take up the slack created by WOW air’s failure.

 

Moody's issuer on the possible imapct of WOW air's collapse on the Icelandic economy

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